Published on 3 Mar 2024 on Simply Wall St. via Yahoo Finance
As an investor its worth striving to ensure your overall portfolio beats the market average. But if you try your hand at stock picking, your risk returning less than the market. We regret to report that long term Camden National Corporation (NASDAQ:CAC) shareholders have had that experience, with the share price dropping 31% in three years, versus a market return of about 24%. And over the last year the share price fell 24%, so we doubt many shareholders are delighted. Shareholders have had an even rougher run lately, with the share price down 13% in the last 90 days.
Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.
View our latest analysis for Camden National